CBRE buys $4.9bn logistics portfolio

CBRE Investment Management inked a deal to acquire Hillwood Investment Properties’ logistics portfolio that includes properties in the U.S. and Europe valued at $4.9 billion.

The portfolio adds 57 properties totaling 28.4 million in square feet across the U.S., Germany, Poland and the UK to the $133 billion firm’s holdings. The close of the transaction is expected to occur in stages through CBRE’s investment products in the U.S. and Europe.

“This milestone transaction reflects our ability to leverage the strong financial capacity of our parent company to secure . . .

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